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Welcome

Welcome. Cllr Andrew Finney Leader Basingstoke and Deane Borough Council. Enterprise M3. Geoff French Interim Chair. What is Enterprise M3?. An approved Local Enterprise Partnership Local Enterprise Partnership Vehicle for economic growth

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Welcome

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  1. Welcome Cllr Andrew Finney Leader Basingstoke and Deane Borough Council

  2. Enterprise M3 Geoff French Interim Chair

  3. What is Enterprise M3? • An approved Local Enterprise Partnership • Local • Enterprise • Partnership • Vehicle for economic growth • Providing strategic leadership for the economic area • Activity led – not a talking shop • Creating the right environment for business to flourish

  4. Enterprise M3 Area

  5. Enterprise M3 Area • Test Valley (Andover) • Basingstoke and Deane (Basingstoke) • Hart (Fleet) • Rushmoor (Farnborough and Aldershot) • East Hampshire (Petersfield and Alton) • Winchester • New Forest (Lyndhurst) • Guildford • Surrey Heath (Camberley) • Woking • Waverley (Farnham and Godalming) • Hampshire County Council • Surrey County Council

  6. Enterprise M3 Economy • 1,041,100 population • 635,700 people of working age • 57,000 business • 537,100 jobs • Higher GVA growth than London in last ten years – 100% positive change in GVA (London 87%) • Contribute £25 billion to UK economy

  7. A key role for the Private Sector • Government view – LEPs must be led by business • 50/50 private sector/public sector split with a business chair • Business involvement will; • identify business issues and priorities for the area • ensure that existing businesses are supported • create the right environment for growth • attract inward investment

  8. Business Support • Good business support to date – • Government pleased with the level of business involvement – so far • However…this is just the start…

  9. Public Sector Partners • Armed Forces • Education • Fire Service • Healthcare • Local Authorities • Police Authority • Voluntary Sector

  10. Proposed Structure • Board with a business chair • 8 businesses/business support organisations representatives • 8 public sector representatives, • Implementation Group • This is the delivery/support group including representation from Businesses, Business Organisations, Local Authorities, Action-Group Leads • LEP Priority Action-groups • Project groups to deliver priorities • Skills, finance, transport, innovation, broadband, rural, business support….others? • Sector specific support groups • Priorities to be established

  11. 8 Private Sector LEP BOARD 8 Public Sector GOVERNANCE Implementation Group Businesses, Business Organisations, Local Authorities, Action-Group Leads Action Groups Continuous ‘Two-Way’ Communication • Skills • Finance • Transport • Innovation • Broadband • Rural • Business Support KEY SECTORS? Priorities to be established

  12. Philip Rutnam Director General BIS

  13. John Copley Interim Vice Chair

  14. Conference Agenda • Question Time • Your chance to raise the issues that matter to you • Voting – establishing priorities – what would you like the LEP to focus on? • Proposed endorsement of arrangements – initial arrangements including agreeingchair and vice chair for the next year • Next Steps • Networking session – volunteer, sign up and ask questions

  15. Next Steps Geoff French

  16. Structure • Board and Implementation Group – do you want to get involved? • Interim structure – to be reviewed and formalised at the conference April 2012 • Governance- informal structure initially • No assets at current time • Formal arrangements from April 2012

  17. Setting up Action-Groups • Voting priorities will help construct Action-groups • Identify Action-group leads and LA support partners • Sign up • Networking session today • Email – business@basingstoke.gov.uk

  18. Resources • Initial staffing support from local authorities • Existing delivery partners • Capacity Fund • Regional Growth Fund – Round 2 • European Projects • Private Sector Support – what can you offer? • Accommodation • Funding • Human resource • Active involvement • Skills

  19. Timescales • Board in place – May 2011 • Implementation Group underway – May 2011 • Action Groups established – Summer 2011 • ‘Outline’ Business Plan drafted– July 2011 • Second annual conference – Spring 2012

  20. Interested in Getting Involved? • Our collective opportunity to share our economic future • Government is empowering LEPs to use their own initiative, be creative and decide what they want to do • Sign up to get involved today

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